Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Sep. 30, 2011
ASSETS    
Cash and cash equivalents $ 75 $ 861
Accounts receivable, net 2,030 3,752
Inventory, net 0 0
Prepaid expenses and other current assets 1,535 1,345
Total current assets 3,640 5,958
Property and equipment, net 220 249
Goodwill 2,791 2,792
Other intangible assets, net 650 2,905
Other assets 19 18
Total assets 7,320 11,922
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)    
Bridge note - related party 100 100
Note payable 300 0
Current portion of long-term debt 59 180
Senior secured notes payable 3,550 2,952
Accounts payable 2,536 3,204
Accrued expenses and other current liabilities 2,000 1,691
Total current liabilities 8,545 8,127
Long-term debt, less current portion 0 24
Deferred tax liability 256 212
Total liabilities 8,801 8,363
Commitments and contingencies (Note 6)      
Stockholders' equity (deficiency)    
Preferred Stock 0 0
Common stock, $0.001 par value 70,000,000 shares authorized 37,611,396 and 37,611,396 shares issued and outstanding at June 30, 2012 and September 30, 2011, respectively. 38 38
Additional paid in capital 39,024 38,342
Accumulated deficit (42,587) (36,583)
Accumulated other comprehensive income 168 46
Total stockholders' equity (deficiency) (1,481) 3,559
Total liabilities and stockholders' equity (deficiency) 7,320 11,922
Convertible Preferred Stock Series A [Member]
    
Stockholders' equity (deficiency)    
Preferred Stock 30 30
Convertible Preferred Stock Series A - 1 [Member]
    
Stockholders' equity (deficiency)    
Preferred Stock 311 311
Convertible Preferred Stock, Series B [Member]
    
Stockholders' equity (deficiency)    
Preferred Stock 700 700
Convertible Preferred Stock Series C-1 [Member]
    
Stockholders' equity (deficiency)    
Preferred Stock 525 525
Convertible Preferred Stock Series C-2 [Member]
    
Stockholders' equity (deficiency)    
Preferred Stock 150 150
Convertible Preferred Stock Series C-3 [Member]
    
Stockholders' equity (deficiency)    
Preferred Stock $ 160 $ 0